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Air Fryer Statistics 2024 By Revenue, Types, Category-Wise and Consumers

Introduction

Air Fryer Statistics: The world is evolving with advanced technology, which has made everyday life easier for billions of people as it allows them to complete day-to-day chores within a few minutes. During the outbreak of the COVID-19 pandemic, people started doing all work and activities from their homes and from where the demand for the Air Fryer market has gained huge popularity. The main concept of air fryer users can cook food easily with limited oil consumption. Factors that are responsible for the growth of this market are less cooking time, less oil consumption without any mess, along an advanced and efficient heating system which is cost-saving too.

If still, you are unaware of the facts about air fryers! Then no worries this Air Fryer Statistics article will guide you in understanding the global market of air fryers as it includes insights from various aspects that provide light on how fast the market is growing around the world.

Editor’s Choice

  • The global sales of air fryers are expected to reach about $5.67 billion by the end of 2023.
  • Sales are predicted to grow by 10.90% annually from 2023 to 2028.
  • The United States is likely to generate the most sales, totaling $1,451 million in 2023.
  • On average, each household is expected to spend $2.57 on air fryers in 2023.
  • By 2028, the total number of air fryers sold worldwide is expected to hit 106.50 million units.
  • The annual increase in the number of air fryers sold is estimated to be 10.2% by 2024.
  • The expected average number of air fryers per household is about 0.03 units in 2023.
  • Manual and residential air fryers are the leading categories, with annual growth rates of 7.7% and 7.8% from 2023 to 2033, respectively.
  • The top three countries importing air fryers are the United States (90,295 units), India (5,595 units), and the Philippines (2,927 units).
  • The leading countries exporting air fryers are China (102,047 units), Thailand (2,037 units), and Hong Kong (1,927 units).

What is an Air Fryer?

An air fryer is a currently preferred cooking appliance or termed a counter top appliance that helps in simulating deep frying even without dipping the food into oil.

The main advantages and features of air fryers are helps in consuming less fat, safer than deep-fried dishes, allow the production of more crispy and flavored food, require less cooking time, are easy to clean, and have less maintenance cost.

Facts About Air Fryer

  • The average wattage of a normal air fryer is almost 1425 watts.
  • Whereas, the wattage ranges of most air fryers are between 800 watts to 2175 watts.
  • Air fryers help in reducing 70% of fats and calories as compared to traditional fryers.
  • As of 2023, Xiaomi has launched MIJIA Smart Air Fryers 3.5L, which costs 399 Yuan.
  • Chefman has launched an 8-quart TurboFry Touch Air Fryer, which costs $67.49.
  • Smart air fryers are segmented into Wi-Fi and Bluetooth air fryers, around 42% and 58% of Americans are familiar and not familiar respectively with this type of fryers.
  • Top companies of air fryers are Grope SEB, SharkNinja Operating LLC, Cuisinart, Go Wise USA, NuWave LLC, De Longhi, Newell Brands, German Pool Group, etc.
  • In 2023, almost 60.2% preferred conventional air fryers over smart air fryers.
  • Almost 71.5% of Wi-Fi and Bluetooth-implemented air fryers have impacted the cooking experience of users.

General Air Fryer Statistics

  • According to future market insights analysis, in 2023 the Air Fryer market is holding a share of $896.5 million.
  • The market share of the Air Fryer is expected to reach $1.9 billion with a CAGR of 7.7% from 2023 to 2033.
  • From 2024 to 2032, the market is expected to grow at a CAGR of 7%.
  • According to Global News Wire reports, in 2023, the expected global air fryer market is going to reach $1.7 billion with a CAGR of 7.5% from 2023 to 2030.
  • As of 2023, in the United States, 93% of conventional air fryers are available.
  • The Asia-Pacific air fryer market is going to be $2.25 billion along with a growth rate is going to be 9% from 2023 to 2028.
  • The main obstacle to owning an air fryer is limited counter space 45% and lack of necessity (39%).
  • As of 2023, import and export shipment of air fryers around the world is 114.5K with 5983 buyers and 5,889 suppliers.

By Revenue

air-fryers-worldwide-revenue

(Reference: statista.com)

  • The global revenue earned by Air Fryers is expected to reach around $5.67 billion by the end of 2023.
  • Furthermore, in coming years revenue shares are expected to increase followed by 2024 ($6.38 billion), 2025 ($7.12 billion), 2026 ($7.89 billion), 2027 ($8.69 billion), and 2028 ($9.51 billion).

By Types

type-of-air-fryer-owned-by-respondents

(Reference: cheflolaskitchen.com)

  • In 2023 there are two different types such as conventional and smart air fryers.
  • As per survey reports, 93.4% of people own conventional air fryers.
  • Whereas, 4.9% of people have Wi-Fi or Bluetooth-enabled air fryer and 1.7% of people own both types.

By Category-Wise

  • The air fryer market is segmented by types of products and applications.
  • As of 2023, based on the channel the manual air fryers are expected to grow at a CAGR of 7.7% from 2023 to 2033.
  • The residential segment is going to grow by 7.8% from 2023 to 2030.

(Source: futuremarketinsights.com)

  • As of FMI reports, the commercial air fryer oven market is supposed to be $1,200 million in 2023 and $2,273.8 million by the end of 2033 with a CAGR of 6.6%.
  • In the United States, the market share of commercial air fryer ovens is expected to reach $310.1 million by the end of 2023.
  • In the year 2023, Europe will have the biggest market share of 40%.

By Country

Air Fryer Market Country-wise Insights

Region Absolute Market Growth
USA 233.8 Million
UK 89.6 Million
Germany 71.9 Million
China 49.0 Million
India 57.4 Million

(Source: futuremarketinsights.com)

  • As of 2023, the United States of America is going to dominate the market of air fryers around the world resulting in $233.8 million and $453.4 million by 2033, with a CAGR of 7.5% (2023-2033).
  • Furthermore, other countries market shares in 2023 are followed by United Kingdom ($89.6 million), Germany ($71.9 million), China (49 million), and India ($57.4 million).
  • By the end of 2033, China is going to account for a market share of 7.6% of CAGR.

By Region

(Source: mordorintelligence.com)

  • According to Mordor Intelligence, revenue generated by the Asia-Pacific air fryer market is expected to be $2.25 billion.
  • Whereas, the growth rate is going to reach a CAGR of 9% from 2023 to 2028.

(Source: mordorintelligence.com)

  • In 2023, the market valuation of the North American air fryer market is going to reach $1.45 billion and the market growth is going to be 8.79% from 2023 to 2028.
  • In the European region, the market valuation is supposed to be $1.40 billion in 2023 with a CAGR of 9.56% between 2023 to 2028.

By Average Revenue Per Household

-air-fryers-worldwide-average-revenue-per-household.

(Reference: statista.com)

  • In terms of the total number per household, revenue is expected to be $2.75 by the year 2023.
  • Furthermore, the average revenue per household is followed by 2024 ($2.85), 2025 ($3.14), 2026 ($3.43), 2027 ($3.72), and 2028 ($4.01).

By Volume

air-fryer-worldwide-volume-by-segment-

(Reference: statista.com)

  • The market volume of air fryers is supposed to reach 133.4 Million pieces units and 2.5% volume growth by the end of 2023.
  • In the coming years, the market volume of the industry is followed by 2024 (70.63 million pieces), 2025 (77.80 million pieces), 2026 (92.18 million pieces) 2027 (99.33 million pieces), and 2028 (106.50 million pieces).

By Website Traffic

(Source: similarweb.com)

  • As of November 2023, the United States of America had 17.46% of total traffic on airfryerhealthy.com, but it recorded a decrease in total website visitors by 6.12%.
  • Other countries recorded the following contribution in total traffic India = 7.31% (+12.69%), Vietnam = 6.69%, Finland = 6.58% (+29.07%), Mexico = 6.57% (+10.7%) and other countries collectively made around 55.39%.

Challenges Faced While Buying Air Fryers

(Source: cheflolaskitchen.com)

  • Several reasons are diverting people‚Äôs mindset of adopting this technology.
  • In the United States, 45% of survey respondents said they have limited counter space in their kitchen; other reasons are followed by lack of necessity (39%), too expensive (31%), presence of too many other appliances (29%), lack of knowledge (24%), and others (16%).

By Shipments

  • The import and export shipment of air fryers around the world is 114.5K with 5983 buyers and 5,889 suppliers in 2023.
  • Top importers of air fryer shipments are followed by the United States (90.295), India (5,595), and the Philippines (2,927).
  • The top 3 product categories that are imported around the world are HSN Code 851660, HSN Code 85169000, and HSN Code 85166090.
  • Top exporters of air fryer statistics by shipments are followed by China (102,047), Thailand (2,037), and Hong Kong (1,927).
  • The top 3 product categories that are exported around the world are HSN Code 851660, HSN Code 85166090, and HSN Code 85169000.

Global Buyer and Suppliers of Air Fryer Statistics by Country

  • As of reports, in 2023 there are 5983 buyers available spread over 129 countries.
  • Top country buyers are followed by the United States (2043), India (375), Ecuador (354), Ghana (322), Philippines (307), Vietnam (299), and Pakistan (297).
  • Top country suppliers are followed by China (3680), the United States (396), South Korea (267), Hong Kong (173), India (157), United Kingdom (132), United Arab Emirates (124), South Africa (111), Singapore (91), Turkey (75), Panama (62), and Vietnam (56).

Best Air Fryer in The Global Market, 2023

(Source: howl. me)

  • Instant Vortex plus Air Fryer Oven with Clear Cook (overall best)
  • The preset modes include air frying, baking, preheating, broiling, and dehydrating.
  • This is easily available at Walmart and costs $139.79.

(Source: affiliate.insider.com)

  • Beautiful 6-quart touch screen air fryer Drew Barrymore (best valued).
  • Preset modes include air frying, roasting, reheating, and dehydrating.
  • This is easily available at Walmart and costs around $69.

(Source: affiliate.insider.com)

  • Ninja Foodi 10 Quart 6-in-1 Dual Zone 2 Basket Air Fryer (best for large capacity).
  • Preset modes include air frying, baking, roasting, air broiling, reheating, and dehydrating.
  • This cost $299 but Amazon is giving a 35% discount, which is now available at $149 (10-quart size).

(Source: affiliate.insider.com)

  • Dreo Aircrisp Pro Air Fryer (best for small size)
  • Preset modes include French fries, steak, chicken, fish, bread, vegetables, reheat, and dehydrate.
  • This is easily available at Amazon and costs $65.

Conclusion

After completing the article on Air Fryer Statistics, it can be stated that this market is revolutionizing in such a way that people now can cook fried food with less oil and within a short period. With the advancement of technology, the popularity of air fryers is enhancing across the world along with offering several health benefits, reducing the risk of cardiac problems as well as cancer-causing chemicals.

If still you are using an air fryer then you must go for one as per your preference. In this article, I have included some of the best air fryers available around the world, and hope all the above statistics will help you understand the topic effectively.